A reminder on what the distillates demand distribution is telling us about the economy–

Here is the growth results the past 20 years or so, remember, anything below a growth of 0.8% is flat at best, below a growth of 0.5% is probably recessionary, negative is guaranteed recessionary - the last negative time period before now was the recession of 2001-2002, down 0.1% both years:

Historic Annual Levels
1993…. 2.99%
1994…. 1.87%
1995…. 0.35%
1996…. 2.22%
1997…. 2.71%
1998…. 0.98%
1999…. 2.44%
2000…. 2.17%
2001…. -0.10%
2002…. -0.09%
2003…. 2.04%
2004…. 1.91%
2005…. 1.60%
2006…. 0.61%
2007…. 0.54%
2008…. -4.16%
2009 YTD -10.13%

I ALWAYS have a link - but the data is built off of spreadsheets that look back to 2006 before the current recession to get the delta for the week period to the PEAK period. I do not compare recessionary data in this key component, but data from a time period of growth. As it is, it just keeps going down. I have a couple of old sheets located here:

http://www.scribd.com/doc/20122873/Petroleum-Update-for-Distribution

These are just the summary graphs - if you want the spreadsheets email me at mwirishscot2@gmail.com and I will send them to you.

Finally, the original data comes from here - I just key it into the spreadsheets, modify the formulas for picking up a new week, use selection 10, the excel version, also report comes out each Wednesday after 10:30 a.m., Thursday if Monday was a holiday:

http://www.eia.doe.gov/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/wpsr.html

irish.

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• Is there a correction coming?
• The sword that will cut the knees off this laughable “recovery”:
• Iceland economy at risk of meltdown
• The economy will still “feel” like a recession for next five year.
• In Case You Didn’t Know: Sweden Unexpectedly Slides Back Into Recession In Q4

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